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ECB Exits Negative Interest Rate Policy With 50 Basis Point Hike; Bitcoin Steady

The European Central Bank's first rate hike since 2011 comes four months after the Fed kicked off its tightening cycle, sending risk assets lower.

ECB raises rates for the first time in 11 years. (moritz320/Pixabay)
ECB raises rates for the first time in 11 years. (moritz320/Pixabay)